Our insight, your reward

Specialists in all things R&D and innovation

GovGrant will help you view your innovation holistically. We are able to see the whole of the R&D ecosystem, and clients that involve us early are able to commercialise their innovation at every step.

GovGrant can help you maximise the value of your innovation.

Identifying commercial opportunities in your R&D activity.

IP services - getting into the Patent Box which rewards IP rich companies starts with solid, direct advice.

Are R&D tax credits available to companies in my sector?

All businesses can benefit

Most businesses don’t see the value in applying for a patent and many think that R&D tax credits aren’t relevant to them. But in our experience all types of businesses innovate, all of the time.

Large or small – there’s an R&D tax solution for your company. Deciding which type of R&D tax relief to use is largely dependent on the size of your business. If you are classed as a small or medium sized enterprise then SME R&D tax credits are the best place to start, if you are a larger company then the RDEC scheme is probably the better option.

As a new business you are probably creating new products and services to meet unmet demand, filling a gap in the market, or approaching things from a fresh perspective. This could well result in R&D activities and IP that can be commercialised.

For example:

  • Almost any manufacturer will be innovating
  • Software developments that are not off the shelf
  • Offering a genuinely a new product – you google it and can’t find it
  • Offering a product which exists but you address a performance issue or take the product on to another stage

As your business grows there are scale up challenges that require you to innovate, and often leading to R&D activities and resulting IP.

For example:

  • Your product was launched in a limited market so part of scalability was to take the product into different sectors and applications
  • You are growing through acquisition and there is uncertainty in integration
  • For example, bakery selling more of an artisan bread does not present a challenge, however taking manufacturing of bread from a bakery to factory could qualify as innovation
  • Your consumers will expect new versions

In today’s world you may need to innovate just to stand still, technology provides new opportunities, you need to respond to the market or drive efficiencies to cut costs.

  • A dip in income forces you to do something to improve the product or service
  • There can be an ongoing drive to be leaner and increase margin
  • Sometimes innovation is found in “the day job”, perhaps a new reporting tool, updating old machinery and adapting machinery

As you exit you should be recognise the value of your business through an R&D and IP lens.

  • How do you value your innovation – our due diligence could reveal the value of your R&D and Intellectual Property

See our work in action with our client success stories

R&D tax credits
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GovGrant is easy to talk to and you’ll be surprised by how easy, and valuable the exercise will be for your business.

Roly Holt | Managing Director, R&L Holt

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R&D tax credits
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Our experience with GovGrant has been fantastic. Having previously worked with another specialist within the industry, I can honestly say that GovGrant go above and beyond for their clients and the results speak for themselves.

Angus Elphinstone | CEO and Founder, AnyVan Ltd

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R&D tax credits
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Identifying exactly what qualifies as R&D is not easy. We’d claimed ourselves twice before, but the experts almost doubled the value of what we received.

Stanley Wilson | CEO, Urban Cottage Industries

R&D tax credits
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I liked the way my analyst understood our company’s activities and which ones qualified for the R&D scheme.

Paul Riley | Managing Director, Computer Controlled Solutions Ltd

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R&D tax credits
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…extremely efficient and able technical analyst, who asked the relevant questions…

Sue Goodchild | Managing Director, Goodchild Marine

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R&D tax credits | Patent Box
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GovGrant’s skilled IP professionals have subsequently identified patentable elements around process developments which will ultimately enable us to broaden the scope of revenues that go into our annual Patent Box claim.

RL Hartshorn | Managing Director, HL Plastics Limited

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R&D tax credits
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Being able to claim money back from the taxman for work we did to advance our internal manufacturing processes as well as the end customer experience is very welcome.

Andrea Rodney | Managing Director, Hone-All Precision Ltd

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R&D tax credits
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GovGrant’s investigative work is impressively thorough and in depth. I would highly recommend them.

Paul Mousley | Project Manager, Quartz Technical Services Ltd

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R&D tax credits
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We are so pleased with the GovGrant service that we now introduce companies within our network.

Andrew Maley | Managing Director, Tracware Ltd

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R&D tax credits | Patent Box
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…we were able to “relax”, knowing their Analyst’s technical knowledge gave us the best chance for successful IPO patent grant…

Clive Paul | Managing Director, TES Ltd

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R&D tax credits
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My words of advice would be; you may think that only scientific or manufacturing type companies qualify for R&D tax credits but that couldn’t be further from the truth.

Martyn Jupp | CEO, Veriserv Ltd

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R&D tax credits
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The information they gave us and support along the way was excellent. They are a very good partner.

Mark Barrett | Managing Director, Warden Plastics

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HMRC facts and figures

The government is giving a greater boost to the UK’s most innovative companies than ever before, according to the latest statistics.

R&D tax credits

HMRC has provided information on research and development (R&D) tax credits. We give you the key points to show the value of this opportunity to innovative business in the UK.

HMRC R&D tax credits claims since the scheme began
Source: HMRC R&D tax credits statistics 2020

HMRC Patent Box claims since the scheme began
Source: HMRC Patent Box statistics 2020

Patent Box

HMRC has provided information on Patent Box. We give you the key points to show the value of this opportunity to innovative business in the UK.

For accountants

– what you need to know about innovation tax incentive

GovGrant has a proven track record and works with thousands of accountancy firms in the UK. We can work with accountancy firms in different ways under different arrangements – one size certainly does not fit all.

For the investment community

– what you need to know about the value of R&D and IP

Are you considering the full implications and tax incentives of R&D, Intellectual Property and patents to gain a competitive advantage.

Innovation Nation

– The UK SME Innovation Survey

Here at GovGrant we engage with businesses to find the best ways to reward innovation in the UK. We aim to influence policy by representing the innovative businesses we work with. As part of this ongoing dialogue, and at this critical time for SME businesses in the UK, we carried our Innovation Nation survey 2020.

Find out what is going on with our latest thinking

– news and views

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If you always do what you always did, you will always get what you always got.

Albert Einstein 

Organisation
All-Party Parliamentary design & innovation group
British Plastics Federation
gtma
Insurtech UK
Hertfordshire Chamber of Commerce
British Marine
CBI
CBI
CBI